Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
The Texas city currently has 333 hybrid-electric vehicles and 88 battery-electric vehicles, with additional battery-electric pickups, hybrid-electric pickups, and hybrid-electric SUVs deliveries expected before the end of the calendar year.
With mandates on the horizon that could phase out gas vehicles in government fleets, OEMs are working toward aggressive goals in the EV arena.
Despite elevated vehicle prices, soaring interest rates and high inflation, there are no signs that demand is falling off yet.
If retail consumers avoid buying new vehicles because of high inflation and interest rates, then OEMs may route more of them into fleet and lease channels.
A Cox Automotive Mobility white paper delves into "a perfect storm of bottlenecks" for vehicle electrification as supply chain and economic pressures mount.
IARA Summer Roundtable: Auto sales and transactions reap more stats, info, and input than ever, but it’s not useful unless you can apply it to business.
Analysis: The Fed wants to see less credit flowing as part of their plan to induce pain, and it's working. Are they taking enough time to see the effects of their moves before doubling down?
But don't get too excited. Days supply is still far below historical levels and production has yet to catch up to demand.
IARA Summer Roundtable: A panel of economists laid out a mash up of economic indicators and remarketing industry signals that show the worst is over since 2020. But how much improvement lies ahead?
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